Service and maintenance charges?

[wayneis]

Appreciate the update Peter

[kismet]

Dear Peter,

I have been writing about these excessive charges in the Forum for some time. Look at kismet comments. You are absolutely right that this is an attempt by Nakheel to charge excessive amounts of money for services and unless we band together and complain as a lobby Nakheel will just quietly get away with it. You, together with other owners of Shoreline apartments, are being misled by Nakheel with regartds to PDC, otherwise known as Chilled water A/C. The money you paid up front labelled "Annual tonnage" is an access charge. Yes its a charge for the existence of the machine. For your info there is also a monthly tonnage charge which I understand will be circa Dhs800 in addition to the annuaql Tonnage "access charge" This is just a sneaky way for Nakheel to pump up the service charges. One thing is for sure and that is unless we organize into an owners group Nakheel will continue not to answer my, and probably others, numerous E mails of complaint

I own Apt 502 in Al-Msalli building and my name is William Cronin. Count me in. I suggest that you makwe a list of all owners willing to participate and write a etter to Nakheel management as the spokesman.

Kind regards

Bill Cronin

[kismet]

Dear Peter,

Since we are not allowed to post individual E mail addresses in this forum please not that my E mail address is cyprusvillas hotmail Obviously the symbol for "at" should be inserted after cyprusvillas and the "com" at the end

We can exchange notes on Nakheel so contact me directly

Regards

Bill Cronin Kismet

[georgihh]

Originally Posted by peterh

Here's some info on Palm service charges, based on my own experience. I think these charges are very hign and I am not the only one.

I own a park facing appartment on The Palm Jumeirah. During handover I had to pay, the following:-

Owners Assoc Admin Fund 6900

Owners Assoc Sinking Fund 2,200

Master Community Admin Fund 1,999

Master Community Sinking Fund 1,999

What I did not realise, until I questioned the figures, was that this was the charges for the rest of this year, I.E. for FIVE months, not a full year. Many owners are going to get a shock in January when they receive an annual bill.

So, the above works out at over 2600 Dirums per month, which is bad enough, but then I am told the Air Con (Con being the appropriate word) is ANOTHER 7000 Dirums per year. So thats over 3000 Dirums per month service charge, which is much more expensive than an appartment I have in London's Mayfair with more facilities and does not look over a building site that was supposed to be a canal!

Connection of utility services to my Palm appartment is of course extra and no one at Nakheel can tell me what 2008 service charges will be.

These service charges so high they cannot be justified. It is disappointing to be let down like this and it also relefects badly on the developer and Dubai's emerging property market.

Confidence in the market and resale values will suffer if
1) service charges are not reasonable
2) and are not published in advance
3) developers make significant changes to developments, for example changing a canal in to a 'park' without discussing this with customers first.

I say this as a property investor as well as an owner on The Palm.

I plan to raise the issue of excessive service charges with Nakheel and have joined forces with several other owners. Please contact me if you would like to join us.

Peter

Dear All,


Sorry to hear about all this charges.
I am one of the many people who have bought a property in Dubai and I am experiencing the same problems with Nakheel as you.
My question is do you think of getting rid of your property or you will continue fighting for your rights?
Most of you are investors and are you planning to buy again in Dubai?
How long this property nonsense will last in Dubai?
Do you think Nakheel will allow proper developer to enter the market?

After the initial boom now everything is upside down and only our money are still keeping the market alive.
But for how long?
The people will get angry one day and will pack up and go.
For the last 2 years the cost of leaving has double in Dubai and a lots of people are packing up.
With all the future developments what is going to happen I don’t know

Thanks

[abbeystar]

Does anyone know what will the average service charges be for Emirates city?